(IN BRIEF) Nina Kopola, Director General of Business Finland, has expressed support for the Finnish government’s commitment to increasing investment in research, development, and innovation (RDI). She highlights the importance of maintaining high standards across the entire RDI chain and … Read the full press release
Posted in Business, Education, Financial, Finland, Government, Industrial, Investment, Management, News, Science, Society, Technology
Tagged Business Finland, digitalization, Financial, Nina Kopola, partnership, RDI Chain, society, University of Helsinki
(IN BRIEF) Ahlstrom has initiated the production of new synthetic filter media at its Huyn-Poong plant in South Korea, marking its first commercial orders for these materials. The newly produced filter media, which are calendered and embossed, offer extended filter … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Ahlstrom, Kathrin Hueppe, South Korea, sustainability, Synthetic Filter Media
(IN BRIEF) The USDA has publicly acknowledged an error in its Biofuels Annual Report, specifically regarding allegations of fraudulent used cooking oil (UCO) volumes received by Neste at its Singapore refinery from China. Representatives from the USDA confirmed that the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Government, Industrial, Law, Management, News
Tagged biofuels, Neste, sustainability, USDA
(IN BRIEF) The CommuniCity project, funded by the European Union, has launched its Second Open Call to address various challenges faced by marginalized communities in European cities. Building on the success of its First Open Call, the project has expanded … Read the full press release
Posted in Czech Republic, Education, Estonia, European Union, Finland, Government, Internet & Online, Netherlands, Non Profit, Politics, Portugal, Science, Society, Technology
Tagged Aarhus, Amsterdam, Breda, cities, Co-Creation, CommuniCity, Communities, EU, EU-funded, Helsinki, Horizon Europe, Learning Labs, marginalised communities, Porto, Prague, Smart Cities, Social Challenges, Tallinn, Urbanism, Vulnerable Communities
(IN BRIEF) The Alpha Group, based in the UK, has announced its intention to acquire an 85% stake in Cobase, a fintech company nurtured by ING that provides a platform for corporates to manage their banking relationships, accounts, and transactions … Read the full press release
Posted in Banks, Business, Financial, Finland, Industrial, Investment, Management, Netherlands, News
Tagged acquisition, Alpha Group, Cobase, ING, ING Bank, Jorge Schafraad, partnership
(IN BRIEF) The Nordic Investment Bank (NIB) and Wärtsilä Corporation, a Finnish technology group, have entered into a ten-year EUR 75 million investment loan agreement. This partnership aims to finance Wärtsilä’s research and development (R&D) activities from 2023 to 2025, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Finland, Industrial, Technology, Transportation & Logistics
Tagged Arjen Berends, decarbonisation transformation, ENERGY, investment loan, Jeanette Vitasp, marine, marine decarbonisation, marine power supply, NIB, NIB Environmental Bond, R&D), renewable energy, renewable energy solutions, research and development, Wärtsilä Corporation
(IN BRIEF) Ahlstrom, a specialty materials company, has announced the appointment of Niklas Beyes as Chief Financial Officer (CFO) and Wolfgang Laures as Chief Operating Officer (COO). Both individuals will join Ahlstrom’s Executive Management Team, with Beyes assuming his role … Read the full press release
Posted in Business, Environment, Finland, Industrial, Management, News
Tagged Ahlstrom, appointment, CFO, COO, Helen Mets, Jorn P. Jensen, leadership, Markus Westerkamp, Niklas Beyes, Wolfgang Laures
(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged expansion, Financial, Neste, oil products, refinery, Singapore, Susanna Sieppi
(IN BRIEF) Nordic Investment Bank (NIB) has issued a SEK 2 billion Environmental Bond (NEB), marking its commitment to sustainability. This is NIB’s second NEB this year, following a EUR 500 million issuance in January. The funds raised will support … Read the full press release
(IN BRIEF) The CapMan Real Estate Hotels Fund has made significant strides in transforming its portfolio towards sustainability between 2021 and 2022. Despite a post-pandemic market resurgence, the fund achieved a 37% reduction in CO2 emissions and a remarkable 8% … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Management, Real Estate
Tagged building automation, CapMan, CapMan Real Estate Hotels fund, carbon reduction, carbon-free energy, CO2 emissions, Energy audits, energy efficiency, energy usage, geothermal heating, GHG intensity, heating systems, solar panel
(IN BRIEF) The USDA Biofuels Annual Report for September 2023 suggests that Neste, a renewable products refinery in Singapore, may have received fraudulent volumes of used cooking oil (UCO), specifically virgin palm oil from Indonesia, exported fraudulently as UCO via … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Finland, Management, News
Tagged Fraudulent Palm Oil Shipments, Neste, Singapore, USDA Report
(IN BRIEF) The Nordic Investment Bank (NIB) has successfully launched a USD 1 billion two-year global benchmark bond on September 6th. The issuance saw strong demand, with final orders reaching USD 2.5 billion, allowing NIB to price the bond at … Read the full press release
(IN BRIEF) Neste has appointed members to its Shareholders’ Nomination Board, including representatives from key stakeholders. The Nomination Board plays a crucial role in proposing potential Board members and determining Board remuneration and size for the Annual General Meeting. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management, News
Tagged appointment, Jouko Pölönen, leadership, Maija Strandberg, Matti Kähkönen, Neste, shareholders, Susanna Sieppi, Timo Sallinen
(IN BRIEF) Outokumpu’s Shareholders’ Nomination Board is responsible for proposing the composition of the Board of Directors and director remuneration for the Annual General Meeting. The Nomination Board is comprised of representatives from the four largest shareholders based on the … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged appointment, Board of Directors Co, Jouko Pölönen, Kari Jordan, leadership, Outi Antila, Outokumpu, Pekka Pajamo, Reima Rytsölä, shareholders
(IN BRIEF) CapMan Infra has made an investment in Fuzion, a Danish data centre colocation provider, marking the company’s second move in creating a northern European data centre platform following its acquisition of Serverius in May 2023. Fuzion, known for … Read the full press release
(IN BRIEF) CapMan Real Estate has completed the transformation of the historic Red Warehouse into a modern and distinctive office space, welcoming Boston Consulting Group Denmark (BCG) as its sole tenant. The 140-year-old building has been rebuilt to incorporate state-of-the-art … Read the full press release
Posted in Business, Construction, Denmark, Finland, Industrial, Infrastructure & Utilities, Management, News, Real Estate
Tagged Act Architects, BCG Denmark, BRIQ, CapMan Real Estate, Mikkel Westfall, Modern Office Space, Natasja Cornelius, Partner, partnership, Peter Gill, Red Warehouse, REVCO, SN Consult, Steen Niebling, Sweco, transformation, Ulrik Larsen, Ulrik Sanders
(IN BRIEF) The Children and Youth Foundation has introduced the TET.fi online service to streamline and equalize the process for young people applying for TET (introduction to work life) opportunities. This service currently includes 500 TET positions in the Helsinki … Read the full press release
(IN BRIEF) Cologne Bonn Airport has transitioned its diesel-powered ground fleet to Neste MY Renewable Diesel™, a renewable diesel made from 100% renewable raw materials. This switch is particularly important for vehicles that cannot be easily electrified, such as the … Read the full press release
(IN BRIEF) Ahlstrom has finalized an agreement to sell its Stenay plant in France to Accursia Capital, a move that aligns with Accursia Capital’s long-term investment strategy to bolster the plant’s position in the paper-based packaging market. The divestment, supported … Read the full press release
Posted in Business, Financial, Finland, France, Industrial, Investment, Management, News
Tagged Accursia Capital, acquisition, Ahlstrom, France, Mark Ushpol, Martin Scheiblegger, partnership, Stenay plant
(IN BRIEF) Ahlstrom, in collaboration with The Paper People LLC, has introduced a breakthrough in sustainable packaging with a fully fiber-based, recyclability-certified solution for frozen foods. This packaging, designed to replace conventional fossil-based plastics, provides an eco-friendly alternative for frozen … Read the full press release
Posted in Business, Environment, Finland, Food & Beverage, Industrial, Technology
Tagged Ahlstrom, FluoroFree®, Food Packaging, frozen food packaging, packaging, paper, The Paper People LLC
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